Dow Jones Top Financial Services Headlines at 12 AM ET: Bank of New York Logs Higher Profit But Flags Market Volatility | PNC ...
Bank of New York Logs Higher Profit But Flags Market Volatility
Bank of New York Mellon recorded third-quarter growth with a hint of caution, as falling stocks in recent days have put up a few red flags.
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PNC Revenue Rises on National Expansion
PNC Financial Services Group recorded higher revenue, but came in short of Wall Street's estimates, as profit was dented by $36 million in integration costs tied to its acquisition of FirstBank.
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Mark Walter Probe Dings a Guggenheim Funding Machine That Powers Wall Street
Customers are shying away from doing business with a unit in Mark Walter's empire.
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Interactive Brokers' Profit Climbs, But Customer Stock Trading Slows
Customer trading in futures rose, but stock and options trading volume fell, the brokerage said in its third quarter report.
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Wells Fargo, Merrill Lynch to Pay $4.4 Million for Alleged Commission Overcharges
Wells Fargo is on the hook for the lion's share of the fine levied by eight states.
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Better.com Adds Former X CEO Linda Yaccarino to Board After Proxy Fight
Linda Yaccarino, the former chief executive of Elon Musk's X, is joining the board of Better.com as the digital mortgage lender looks for stability following a messy and expensive proxy fight.
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TV Azteca Bondholders Seek to Block Plan Recognition in U.S.
Creditors urged a judge to reject chapter 15, alleging that the network manufactured affiliate debt to dilute investors.
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Diversification in Asia Keeps Private Equity Busy, Hamilton Lane's Koh Says
Asia's diversity can be daunting for private-equity investors wary of complexity. But that hasn't stopped some big firms from deepening their presence in the region.
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Rising Rates Threaten Wall Street's Golden Goose in Trading
Weak bond markets undermine what had been a strength for big banks.
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Charles Schwab's Growth Engine Is 'Humming.' The Shares Are Falling Anyway.
The company's third-quarter earnings showed clients were taking out loans and adding funds to their investment accounts.
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Financial Services Roundup: Market Talk
Find insight on the rent declines, home prices, ABN AMRO Bank and more in the latest Market Talks covering Financial Services.
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A Swiss Banking Giant Thinks the Unthinkable: Moving Out of Switzerland
The bank has received approaches from potential U.S. deal partners as it publicly spars with Swiss politicians over substantially higher capital requirements.
(END) Dow Jones Newswires
October 16, 2026 00:15 ET (04:15 GMT)
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